Blog Page 1092

Max Spann to Auction Investment Properties around New Jersey and New York on May...

EDISON, NJ - April 28, 2010 - (RealEstateRama) -- Looking for investment properties? Fifteen commercial and investment properties in New York and New Jersey will be auctioned off next month with absolute and minimum bids starting at just $90,000

With the Addition IDX Broker Search Tools, Terry Kilgallen Makes Searching For a Home...

EUGENE, OR - April 28, 2010 - (RealEstateRama) -- IDX, Inc. uses its primary software application, IDX Broker, to bring its time-saving search features to Terrence Kilgallen with Weichert Realtors in Clinton, New Jersey's website. This custom IDX solution provides Kilgallen with a unique mode to link prospective home buyers with an infinite amount of the most up-to-date property listings within his local Multiple Listing Service (MLS), the Garden State – Agent MLS (GSMLS-A). Now, any individual consumer with internet access can view and sift through properties on their own personal computers, at any point in time, when browsing Kilgallen's site.

Committee Passes Reforms To National Flood Insurance Program

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee today passed legislation introduced by Congresswoman Maxine Waters (D-CA) to improve the National Flood Insurance Program (NFIP), the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The legislative reform package reauthorizes the program for 5 years.

Committee Approves Homeowners’ Insurance Reform Bill

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee approved by a vote of 39-26 the Homeowners’ Defense Act, innovative bipartisan legislation to reduce insurance premiums for homeowners around the country

Committee Approves FHA Reform Act

Washington, DC - April 28, 2010 - (RealEstateRama) -- The House Financial Services Committee approved legislation to ensure that the Federal Housing Administration (FHA) remains viable and continues its mission of insuring mortgage loans

FinCEN Warns Lenders to Guard Against Home Equity Conversion Mortgage Fraud Schemes

VIENNA, Va. - April 27, 2010 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released new guidance, Advisory to Financial Institutions on Filing Suspicious Activity Reports Regarding Home Equity Conversion Mortgage Fraud Schemes, to assist financial institutions in guarding against fraud schemes perpetrated against senior citizens who use the Federal Housing Administration’s (FHA’s) Home Equity Conversion Mortgage (HECM) program, a form of reverse mortgage.

Realtor Colleen Moore Makes the Switch to PrudentialGeorgia Realty

Canton, GA - April 27, 2010 - (RealEstateRama) -- April 26, 2010—Realtor Colleen Moore recently made the switch to PrudentialGeorgia Realty. She is based out of Prudential Georgia Realty’s Cherokeeoffice, located on Riverstone Parkway in Canton.

Innovation and Energy Efficiency Distinguish Winners of the SIPA Building Excellence Awards

April 27, 2010 - (RealEstateRama) -- The Structural Insulated Panel Association (SIPA) recognized five of the most energy-efficient and unique buildings constructed with structural insulated panels during the SIPA Annual Meeting & Conference in Chicago, Illinois. Now in its eighth year, the SIPA Building Excellence Awards highlight innovative projects using high performance structural insulated panels (SIPs) as the basis for energy-efficient, green buildings

A Custom IDX Solution Enables Home Seekers in the Naples, Florida Area to Quickly...

EUGENE, OR - April 27, 2010 - (RealEstateRama) -- Naples, Florida real estate broker Susan Hubly is joining with IDX, Inc. to create a customized professional website. The Internet Data Exchange (IDX) technology helps to integrate listings from the Naples area Sunshine MLS (SSMLS) with Hubly's own listings to create the most diverse pool of properties for potential home buyers to explore and choose from online. Prudential Florida Realty can now display listings on Hubly's site from all over the Southern Florida market, to make searching for a home easier on both buyers and real estate professionals

Buildings Compete to Work Off the Waste: EPA hosts first national building competition to...

WASHINGTON, DC - April 27, 2010 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) is sponsoring the first national energy efficiency contest of its kind, featuring 14 commercial buildings from across the country. While trimming kilowatt hours off is their bottom line, they’ll also save money and help fight climate change. The building that sheds the most energy waste on a percentage basis will be declared the winner at EPA’s final weigh-in on Oct. 26, 2010

Consumer Protection Division Orders Garrett County Home Builder to Pay Over $500,000 in Restitution,...

BALTIMORE, MD - April 27, 2010 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has issued a final order requiring Deise Custom Homes, LLC and its principal to pay more than $480,000 to consumers and penalties of $34,000. The Division found that Richard E. Deise, Jr., and his company, Deise Custom Homes, violated Maryland’s Custom Home Protection Act and New Home Deposit Act by failing to place or maintain money paid by consumers into an escrow account or having a surety bond to cover the deposits and payments. The Division also found that Deise and his company violated the Home Builder Registration Act and the Consumer Protection Act by failing to build homes as promised

Realtor Debbie Hvostik Makes the Switch to Prudential Georgia Realty

Canton, GA - April 27, 2010 - (RealEstateRama) -- Realtor Debbie Hvostik recently made the switch to Prudential Georgia Realty. She is based out of Prudential Georgia Realty's Cherokee office, located on Riverstone Parkway in Canton.

Fannie Mae Extends 3.5 Percent Seller Assistance on its Real Estate Owned Properties

WASHINGTON, DC - April 27, 2010 - (RealEstateRama) -- Fannie Mae (FNM/NYSE) today announced the extension of its seller assistance incentive on all Fannie Mae-owned HomePath properties. Buyers will receive 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of selected appliances. The offer is available to any owner-occupant who closes on the purchase of a property listed on www.HomePath.com by June 30, 2010.

U.S. Green Building Council Helps Empower New Generation of Green Building Student Leaders

Washington, DC - April 27, 2010 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) was selected to join the more than 1,300 college students, 100 university presidents and leading non-profit organizations, social entrepreneurs, and youth leaders at the Clinton Global Initiative University (CGI U) annual meeting, making its Commitment to Action to help students jumpstart their careers in green building and sustainability through the USGBC Students program

Cindy Simpson Receives PrudentialReal Estate Networks’ Pinnacle Award

ROSWELL, GA - April 27, 2010 - (RealEstateRama) -- Cindy Simpson, who headsthe Simpson REO Team with Prudential Georgia Realty, was honored as a 2009 PinnacleAward winner for residential units by Prudential Real Estate and RelocationServices, a Prudential Financial, Inc. [NYSE:PRU] company, during its annualSales Convention in Austin, Texas, in March.

Realtor MarthaMassey is the Latest Experienced Agent to Join Prudential Georgia Realty

Atlanta, GA - April 27, 2010 - (RealEstateRama) -- Realtor MarthaMassey is the latest experienced agent to make the switch to Prudential Georgia Realty. She is based outof Prudential Georgia Realty’s new Buckhead office, located on 3221 PeachtreeRoad, just south of the Peachtree and Piedmont Road intersection.

First American Title Announces AgentFirst Real Estate App For iPhone and iPad

April 27, 2010 - (RealEstateRama) -- First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of The First American Corporation (NYSE: FAF), today announced that its AgentFirst™ app for iPhone®, iPad™ and iPod touch® devices is now available for free download from the App StoreSM.

Scott Doyle Increases the Visibility of his Real Estate Listings Throughout the Web, with...

EUGENE, OR - April 27, 2010 - (RealEstateRama) -- The IDX, Inc. team eagerly announces today its newest client addition, Doyle Properties very own Scott Doyle of La Quinta, California, to the constantly growing database of real estate agents and brokers choosing to upgrade, enhance and modernize the search functions of their websites, with the incorporation of a custom IDX solution. This innovative and one-of-a-kind Internet Data Exchange (IDX) technology works by extracting raw data from the Desert MLS (DTMLS), and then formats and transfers the information to indistinguishably match Doyle's already existing page preferences and specifications, enabling home seekers to execute the most simplistic, efficient and convenient real estate search on the web.

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - April 27, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less decreased 4 basis points to 5.09 percent in March. The average interest rate on 15- year, fixed-rate loans of $417,000 decreased 8 basis points to 4.57 percent in March. These rates are calculated from the FHFA’s Monthly Interest Rate Survey (MIRS) of purchase-money mortgages. These results reflect loans closed during the March 25-31 period. Typically, the interest rate is determined 30 to 45 days before the loan is closed. Thus, the reported rates depict market conditions prevailing in mid- to late-February.

Jennifer McCoy Uses IDX Broker to Present Available Real Estate in an Innovative and...

EUGENE, OR - April 27, 2010 - (RealEstateRama) -- IDX, Inc. eagerly announces today the addition of RE/MAX Elite's Jennifer McCoy of Cocoa Beach, Florida, to its ever growing real estate client roster. This innovative and enhanced IDX Broker software and support system will allow easy consumer access to a multitude of property listings on McCoy's website, smoothing and simplifying the online real estate search process for potential home buyers and Realtors alike. This custom IDX solution addition simplifies and attractively presents Brevard MLS (BMLS) listing information onto her website, which can then be altered and personalized by McCoy, to best fit both her and her clients wants and needs.

FHFA Sends Final Rule to Federal Register; Rule Restructures Board of Federal Home Loan...

Washington, DC - April 27, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency has sent to the Federal Register a final rule that restructures the board of directors of the Federal Home Loan Bank System’s (System) Office of Finance (OF) and enhances the responsibility of the OF board of directors audit committee for the System’s combined financial reports. The OF is responsible for issuing consolidated obligations on behalf of the 12 Federal Home Loan Banks, serves as their fiscal agent, and prepares disclosure materials associated with the marketing and sale of that debt, including the System’s quarterly and annual combined financial reports

Federal Home Loan Bank of San Francisco Now Accepting Applications from Member Financial Institutions...

San Francisco, CA - April 26, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco is now accepting applications for its 2010 Access to Housing and Economic Assistance for Development (AHEAD) Program, which allows members of the Bank to support economic and housing projects during their critical conception and early development stages. Since the program was launched in 2004, more than $2.5 million in AHEAD Program grants have been awarded to support 94 projects in Arizona, California, and Nevada.

Perry Corneau Makes Realty Decisions Easier and More Timely with the Custom IDX Search...

EUGENE, OR - April 26, 2010 - (RealEstateRama) -- With new clients being added on a daily basis, IDX, Inc. is happy to welcome yet another real estate professional, Corneau & Associates very own Perry Corneau of Sarasota, Florida, who has chosen to incorporate a custom IDX solution into the search functionality of his website. This innovative Internet Data Exchange (IDX) software enables Corneau to provide potential home buyers with a truly unique and personalized online real estate search experience, where they can browse thousands of properties and utilize detailed search features to quickly and easily find what they want and need out of their new home. IDX Broker has the one-of-a-kind technology to extract raw listing data from the Mid Florida Regional MLS (MFRMLS), and then formats the information to be viewed as a seamlessly integrated form on Corneau's website

Public hearing dates set for housing development funding

April 26, 2010 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) will hold public hearings at two different locations in May to discuss 14 affordable housing development proposals submitted by developers. Developers applied for these funds in response to the 2010 Round 2 Notification of Funding Availability issued in December 2009.

CFO Sink Appoints Harold M. Knowles to Citizens Board of Governors

TALLAHASSEE, FL - April 26, 2010 - (RealEstateRama) -- Florida CFO Alex Sink today announced the appointment of Harold M. Knowles to the Board of Governors for Citizens Property Insurance Corporation, effective April 21, 2010, through July 31, 2011. Citizens is one of the largest property and casualty insurance companies in the nation and the largest property insurer in Florida.

Weichert Makes Managing Properties Hassle-Free for Prospective Investors

MORRIS PLAINS, N.J. - April 26, 2010 - (RealEstateRama) -- Low interest rates, record affordability and the likelihood of home prices on the rise look like the right recipe to entice perspective investors into real estate.

Congressman Rubén Hinojosa Introduces Legislation To Improve Housing Conditions In Rural America

Washington, D.C. - April 23, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) this week, introduced the Housing Assistance Council Reauthorization Act of 2010 (H.R. 5122).

HUD Secretary Donovan, Senator Reed Announce Recovery Act Funds To Retrofit Affordable Housing In...

WARWICK, RI - April 26, 2010 - (RealEstateRama) -- Today, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and Senator Jack Reed announced that over 100 apartments in Warwick, R.I.

Housing Starts Climb for Third Straight Month in March, CBIA Announces

SACRAMENTO, CA - April 26, 2010 - (RealEstateRama) -- Total housing starts in California continued to climb for the third straight month in March signaling that the worst of the housing downturn may finally be over, the California Building Industry Association announced today

Coalition Launches New Campaign to Fight Loan Modification Scams

Washintgon, DC - April 26, 2010 - (RealEstateRama) -- The Loan Modification Scam Prevention Network, led by Fannie Mae, Freddie Mac (NYSE:FRE), the Lawyers' Committee for Civil Rights Under Law and NeighborWorks America, today announced a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state, and federal enforcement agencies

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families